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105 Deerview Dr - B & B Mobile Home Park 18 Unit Apartment Building Offered at $1,331,387 CAD at a 6.04% Cap Rate Rutherfordton, NC 28139
Investment Highlights
- Expansion upside: add 8 lots via utility extension for ~50% more income-producing sites
- Rent-to-Own conversion opportunity to reduce maintenance and recapture home value
- Not located in a flood zone — favorable insurance profile, no lender complications
- All POHs renting at $600–$700/mo, well below area market rents of $810–$1,001
- City water in place — no well infrastructure to maintain, reducing capital exposure
- Turnkey operations with existing maintenance staff willing to stay on for new owner
Executive Summary
Broker Of Record
Gerard Hamas
Matthews of North Carolina, LLC
362768, C42113 (NC)
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203 (866) 889-0550
Gerard Hamas
Matthews of North Carolina, LLC
362768, C42113 (NC)
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203 (866) 889-0550
Property Facts
| Price | $1,331,387 CAD | Property Type | Multifamily |
| Price Per Unit | $73,966 CAD | Lot Size | 12.09 AC |
| Sale Type | Investment | Building Size | 526,640 SF |
| Cap Rate | 6.04% | No. Stories | 1 |
| No. Units | 18 | Year Built | 1995 |
| Price | $1,331,387 CAD |
| Price Per Unit | $73,966 CAD |
| Sale Type | Investment |
| Cap Rate | 6.04% |
| No. Units | 18 |
| Property Type | Multifamily |
| Lot Size | 12.09 AC |
| Building Size | 526,640 SF |
| No. Stories | 1 |
| Year Built | 1995 |
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1623291 | Improvements Assessment | $92,049 CAD |
| Land Assessment | $45,814 CAD | Total Assessment | $137,863 CAD |
Property Taxes
Parcel Number
1623291
Land Assessment
$45,814 CAD
Improvements Assessment
$92,049 CAD
Total Assessment
$137,863 CAD
(949) 287-5862
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Contacts
-
Arthur Varela -
Chad Kurz -
Kevin Puder -
Matthews Real Estate Investment Services
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105 Deerview Dr - B & B Mobile Home Park
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